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BoJ lifts next year’s growth forecast
Central bank saving ammunition as virus risks linger
Bursa gets lift as global stocks hit all-time high
KUALA LUMPUR: Semiconductor and tech stocks led the broader market higher while Public Bank nudged the FBM KLCI higher in early Thursday trade as investors sentiment was shored by the record high of global stocks.
Glove maker’s valuation still attractive
PETALING JAYA: Supermax Corp Bhd’s shares are deemed undervalued at current prices, considering its robust earnings prospects for at least the next one year, says CGS-CIMB Research.
Crude oil price lifts ringgit to 4.0080 vs US$
KUALA LUMPUR: The ringgit ended higher against the US dollar on Wednesday, boosted by rising crude oil prices and the weaker greenback amidst the risk-on market sentiment.
India lifts ban on onion exports as prices plunge
MUMBAI: India decided on Monday to lift a ban on onion exports from Jan. 1, as prices have fallen sharply in the last few weeks on expectations of a big crop
Baht’s rally stalls as Thailand battles virus pandemic fallout
BANGKOK: A tug-of-war is building for Thailand’s baht as concern about the nation’s virus outbreak counters the support from its current-account surplus.
Chinese companies strive to build green Belt and Road projects
HONG KONG: Some 20km north of Sri Lanka’s Hambantota Port, an extension to the country’s Southern Expressway lifts off the ground for a special purpose – to let wild elephants cross the highway safely.
Better sales mix lifts packaging firm Scientex profits in Q1
KUALA LUMPUR: Scientex Bhd reported a higher net profit in the first quarter ended Oct 31, as the decline in revenue was offset by higher margins.
Strong demand lifts Daibochi Q1 earningsÂ
KUALA LUMPUR: Flexible plastic packaging maker Daibochi Bhd posted higher earnings in the first quarter ended Oct 31 on higher sales.
RHB lifts earnings estimates on Press Metal
KUALA LUMPUR: RHB Research has raised its earnings forecasts on Press Metal Aluminium Holdings Bhd on account of higher London Metal Exchange aluminium prices continuing to surprise on the upside.
